SmarterDividends

CVX vs SBR: Which Is the Better Dividend Stock?

As of Nov 5, 2026, CVX (Chevron Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SBR offers the higher yield at 6.31%, CVX has the higher dividend-safety score, and SBR looks like the better value (its fair-value estimate is 110% above its share price).

Key facts: CVX vs SBR

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Sabine Royalty Trust (SBR) has the higher forward dividend yield at 6.31%, versus 3.28% for Chevron Corporation (CVX).
  • As of Nov 5, 2026, SmarterDividends grades CVX's dividend safety A (96/100) and SBR's C (58/100).
  • By SmarterDividends' count as of Nov 5, 2026, CVX has raised its dividend for 38 consecutive years and SBR for 0.
  • As of Nov 5, 2026, CVX pays out 67% of its earnings as dividends and SBR pays out 98%.
  • As of Nov 5, 2026, CVX's fair-value estimate is 55% below its share price and SBR's fair-value estimate is 110% above its share price, so SBR looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CVX vs SBR: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cvx-vs-sbr

MetricCVXSBR
Forward yield3.28%6.31%
Annual dividend$7.12$4.27
Payout ratio67%98%
Years of growth38 yr0 yr
5-yr dividend growth5.8%16.4%
5-yr total return109%69%
Dividend safety score96 (A)58 (C)
Fair value estimate$99.92$143.28
Upside to fair value-55%+110%
Frequencyquarterlymonthly
Market cap$429.3B$996.7M
P/E ratio16.214.0

Higher yield

SBR

6.31%

Safer dividend

CVX

Grade A

Faster growth

SBR

16.4%

Better value

SBR

+110% upside

CVX vs SBR — FAQ

Is CVX or SBR a better dividend stock?

On the data, CVX wins more head-to-head categories (5 vs 3). SBR offers the higher yield (6.31%), while CVX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, CVX or SBR?

SBR has the higher forward dividend yield at 6.31%, versus 3.28% for CVX.

Is CVX or SBR safer?

CVX has the higher dividend-safety score (96/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.

Is CVX or SBR better value right now?

As of Nov 5, 2026, SBR looks like the better value: its fair-value estimate is 110% above its share price (undervalued). For CVX, its fair-value estimate is 55% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.